Welcome to our dedicated page for Teton Advisors news (Ticker: TETAA), a resource for investors and traders seeking the latest updates and insights on Teton Advisors stock.
Teton Advisors (TETAA) is a specialized real estate advisory firm providing strategic guidance on property investments and market analysis. This page serves as the definitive source for official company news, offering stakeholders timely updates on financial developments and industry insights.
Access curated press releases and articles covering earnings reports, strategic acquisitions, leadership updates, and market trends. Our repository ensures investors and analysts stay informed about TETAA's advisory services, regional real estate dynamics, and evolving investment strategies.
Content spans quarterly performance summaries, partnership announcements, and expert commentary on property market shifts. Bookmark this page for direct access to verified information supporting data-driven decisions in the real estate sector.
Teton Advisors (OTCQX: TETAA) has announced its participation in the upcoming Sidoti May Virtual Investor Conference, scheduled for May 21-22, 2025. Marc Gabelli, the company's Interim Chief Executive Officer, will deliver a presentation on May 22 at 2:30 PM ET and conduct one-on-one meetings with investors throughout the two-day event. The presentation will be accessible via a live webinar, and interested participants can register for free through Sidoti's website, regardless of client status.
Teton Advisors (TETAA) has agreed to sell the investment management account assets of Keeley-Teton Advisors to GAMCO Investors (GAMI). The transaction is expected to generate at least $11.5 million in gross proceeds, with the final amount tied to performance over a 5-year period. Keeley currently manages approximately $975 million in client assets, down from $2.3 billion when Teton acquired it from TA Associates in 2017. The sale follows a year-long strategic alternatives process, with Keeley's accounts being managed by a combined team of Teton and GAMCO professionals since the initial acquisition.
Teton Advisors (OTCQX: TETAA) has announced its preliminary financial results for the third quarter of 2024. The company's assets under management (AUM) increased to $1.4 billion as of September 30, 2024, up from $1.3 billion a year earlier. Teton expects to report gross revenue of $3.1 million, unchanged from Q3 2023. Net investment advisory fees, the primary source of operating revenue, are anticipated to be $2.7 million, slightly down from $2.8 million in Q3 2023.
The company projects diluted earnings per share (EPS) between $0.14 and $0.24 for Q3 2024, compared to $0.21 in Q3 2023. The $0.10 range is attributed to uncertainties in tax provisions and amortization effects from a recent private client business acquisition. Teton's Board has approved a $500,000 share repurchase plan on October 3, 2024. Full financial details will be released in early November.
Teton Advisors (OTCQX: TETAA) will host an annual meeting and webcast to discuss company operations. The event will feature CEO Stephen Bondi and the executive team, who will review recent financial results and future activities. Key points include leveraging market opportunities via organic growth, product development, and acquisitions. The company emphasizes its multi-strategy asset management, targeting inefficient markets and smaller companies. Enhanced value creation through expanded research and marketing is also highlighted. The meeting will take place in Greenwich, CT, and online; registration is required.
FAQ
What is the current stock price of Teton Advisors (TETAA)?
What is the market cap of Teton Advisors (TETAA)?
